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re: Why bitcoin is worse than a Madoff-style Ponzi scheme

Posted on 12/24/21 at 11:11 am to
Posted by Ross
Member since Oct 2007
47824 posts
Posted on 12/24/21 at 11:11 am to
I think it’s more likely the US adds BTC to its treasury reserves strategically than they are to ever entertain a ban. With the rate of adoption crypto is seeing, a ban would not be politically viable and would prove about as fruitless as the “War on ____”.
Posted by rocket31
Member since Jan 2008
41819 posts
Posted on 12/24/21 at 11:21 am to
reading this thread is a good case study that we are still early. half the people on the money board still don't even understand what it is
This post was edited on 12/24/21 at 11:22 am
Posted by Shankopotomus
Social Distanced
Member since Feb 2009
21057 posts
Posted on 12/24/21 at 11:55 am to
quote:

I think it’s more likely the US adds BTC to its treasury reserves strategically than they are to ever entertain a ban.


Only by civil asset forfeiture, or hacking the exchanges, would this happen in the US.

Their big master plan is the Digital Dollar - which boomers will think can "compete" with crypto but ultimately all it will do is allow dollars to compete on the blockchain rails being built by the revolutionaries now --- and the PLAN is to basically take the banks out of the equation and build this digital dollar relationship directly with you the "citizen" (dystopian nightmare - but look at the appointees to key currency/treasury positions)
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